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NEW QUESTION: 1
After the coil is buried, the vehicle retrograde detection can be realized by the car detector
A. Yes
B. No
Answer: A
NEW QUESTION: 2
If the current stock price is $100, the risk-free rate of interest is 10% per year, and the value of a put option expiring in 1 year on this stock at a strike price of $110 is $5. What is the value of the call option with the same strike?
A. $5
B. $10
C. $4.55
D. $15
Answer: A
Explanation:
Explanation
We can use the put-call parity to estimate the value of the call option in this case.
The put-call parity can be expressed as:
Value of call - Value of put = Spot price - Exercise price discounted to the present Substituting the values we know:
Value of call - $5 = $100 - $110/(1 + 10%); which implies the value of a call is also $5.
Choice 'a' is therefore the correct answer.
Note about interest rates: How do we know if the interest rate provided in the question is continuous or discrete? For short periods of time, the difference between discrete and continuous exchange rates tends to be not material. For ease of computation, use discrete rates (as above), and it should allow you to answer the question.
NEW QUESTION: 3
Which of the following statements are true regarding Approval Process Management?
There are 3 correct answers to this question.
Response:
A. Each approval process applies to one type of approvable
B. More than one approval process can be active for each approvable type at a time.
C. The administrator can define more than one approval process for each approvable type
D. The Manage Approval Processes page allows your administrator to search for, view, edit, create, and copy approval processes
E. The administrator cannot manually deactivate an approval process
Answer: A,C,D
NEW QUESTION: 4
A. Option D
B. Option A
C. Option C
D. Option B
Answer: A
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